You know it’s important to have home insurance, but you may not know when it’s time to update your policy. Updating your insurance policy can ensure that you have the coverage you need for your situation. At Bridgeway Insurance Group in Montgomery, AL, we offer homeowner’s policies. 

Improvements to Your Home 

If you’ve made improvements to your home, you’ve increased its value. This means it’s time to update your homeowners’ policy. This includes increasing your home’s square footage and any major renovations.

In addition to increasing the value of the home itself, these improvements often include new appliances or furniture. Your policy should be updated to reflect this as well. 

Adding a Freestanding Structure to Your Property 

Your homeowner’s policy also includes any freestanding structures on your property. If you’ve purchased a shed or built a detached garage, you should let your insurance agent know, so the structure will be covered. 

Changes to Your Family 

Your homeowners’ policy also includes liability coverage for all family members. If you’ve recently had a family member move in or out, you’ll need to update your policy. 

This includes a parent or friend moving in, bringing a new baby home, or an adult child moving out. Anyone who lives with you is considered a part of your household or family. 

Security Upgrades 

If you’ve recently upgraded your home’s security, this may lower your premiums. This includes installing a security system and simple improvements like installing deadbolt locks. 

Changes to Valuables

Most possessions are covered under your homeowner’s policy. However, you’ll need to speak with your insurance agent if you purchase a high-value item to make sure it’s properly covered. 

If you sell a valuable item, you should also inform them of this.  

Reach Out To Us

If you need a homeowner’s policy in Montgomery, AL, contact us at Bridgeway Insurance Group. Our knowledgeable agents will discuss your needs and help you choose the coverage that’s right for you.